World’s First Airport Weed Shop Loses Its Boarding Pass (And Lease), Official Site Market Positions

Canadians, quite a few of them, were at the British Columbia airport hoping to get a quick toke before boarding their flight. Prince George Airport was ready to be built last year first in the world to open a retail cannabis Make purchases at its terminal. But alas this project failed.

What happened

In December, the Prince George’s Airport Authority (PGAA) announced cloudbreak cannabis– was previously known as copilot cannabis“Will not sign lease or begin construction, citing changing market conditions.” Obviously, the decision was taken due to a change in economic circumstances, Reported MJBizDaily.

“A lot has changed in the economy,” said Gordon Duke, President and CEO of the PGAA. “And certainly, we’ve seen over the last six months with interest rates and inflation, it’s really changed the economic environment.”

Duke said the store had been in development for about three years and was due to open in the first quarter of this year before the change in plans.

Duke said it would take longer to develop than a regular airport retail store, citing regulatory hurdles related to opening a cannabis store, as well as the added complexity of opening one in an airport. “We were hopeful and excited that this could come to fruition, however, we understand the risks associated with any startup business.”

Last year, Toronto Pearson, one of Canada’s busiest airports, reportedly hired a lobbyist to explore the possibility of retailing cannabis. However, the governing authority of the airport ruled out Those business plans before they get off the ground.

Canadians use cannabis responsibly

Despite a decline in recent years, Canadians still prefer smoking as the most common method of consuming cannabis. Has shown recently 2022 Canadian Cannabis Survey.

Among the survey’s findings are that cannabis use among those aged 16 to 19 has returned to pre-legalization levels in 2021 and 2022. Most of the respondents also said that they bought products in legal shops. report as well Has shown While weed stoning decreased between 2018 and 2021 and remained unchanged in 2022.

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Photo: Courtesy oscar kadaxu On unsplash

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